BAJAJ BROKING

Notification
No new Notification messages
One Mobikwik Systems IPO is Open!
Apply for the One Mobikwik Systems IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Coca-Cola Sells 40% Stake in Bottling Arm to Jubilant Bhartia Group

Listen to our Podcast: Grow your wealth and keep it secure.

0:00 / 0:00

Synopsis:

Coca-Cola has sold a 40% stake in Hindustan Coca-Cola Beverages to Jubilant Bhartia Group for around ₹10,000 crore. This move aligns with Coca-Cola’s asset-light strategy as India remains its fifth-largest global market.

Global beverage giant Coca-Cola has sold a 40% stake in its Indian bottling business, Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL), to Jubilant Bhartia Group. The deal, estimated to be worth ₹10,000 crore, aligns with Coca-Cola’s global asset-light strategy. This strategic divestment positions Jubilant Bhartia Group as a key player in Coca-Cola's operations in India, its fifth-largest market worldwide.

Also read: Indian Overseas Bank Receives ₹808.3 Crore Income Tax Refund

JUBILANT FOODWORKS LTD

Trade

684.6-23.20 (-3.27 %)

Updated - 12 December 2024
707.80day high
DAY HIGH
681.65day low
DAY LOW
1905715
VOLUME (BSE)

Key Takeaways

  • Stake Sold: 40%

  • Buyer: Jubilant Bhartia Group

  • Estimated Deal Value: ₹10,000 crore

  • Parent Company: Hindustan Coca-Cola Holdings Pvt Ltd (HCCB’s parent)

  • Market Impact: India remains Coca-Cola's fifth-largest market globally.

Also read: Vedanta to Consider Fourth Interim Dividend on December 16

Strategic Milestone In Coca-Cola’s Asset-Light Journey

Coca-Cola’s divestment of bottling operations is part of a broader global strategy to become asset-light. The sale of its stake in HCCBL allows Coca-Cola to focus on its core strengths—brand building and beverage innovation—while leveraging Jubilant Bhartia Group’s diverse expertise to manage bottling operations effectively.

Details

Coca-Cola in India

Market Rank

Fifth Largest

Stake Sold

40%

Estimated Deal Value

₹10,000 crore

Buyer

Jubilant Bhartia Group

Positive Outlook For Indian Operations

India remains a key growth market for Coca-Cola, contributing significantly to its global revenues. The partnership with Jubilant Bhartia Group is expected to enhance operational efficiency and boost Coca-Cola's market performance. As Coca-Cola realigns its business model, it aims to drive innovation and sustainable growth in the competitive Indian beverage market.

Coca-Cola’s stake sale to Jubilant Bhartia Group represents a significant shift in its India operations, aligning with its global asset-light strategy. The move could bring operational efficiency while enhancing value for stakeholders. Coca Cola share price remains a focus as investors track the long-term impact of this strategic divestment.

Also read: Shakti Pumps Secures ₹754.3 Crore Solar Water Pump Order in Maharashtra

Do you have a trading account app or demat account app?

You can open an account with Bajaj Broking in minutes.

Download the Bajaj Broking app now from Play Store or App Store.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://bit.ly/3Tcsfuc

Share this article: 

Read More Blogs

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs+ Users

icon-with-text

4.4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4700+ Cr MTF Book

icon-with-text